Nuveen AA-BBB CLO ETF (NYSEARCA:NCLO – Get Free Report) was the target of a large decrease in short interest in February. As of February 13th, there was short interest totaling 9,299 shares, a decrease of 62.0% from the January 29th total of 24,455 shares. Based on an average daily volume of 44,246 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.2% of the shares of the stock are sold short. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 44,246 shares, the days-to-cover ratio is presently 0.2 days.
Nuveen AA-BBB CLO ETF Stock Performance
NCLO opened at $25.06 on Thursday. Nuveen AA-BBB CLO ETF has a one year low of $23.98 and a one year high of $25.27. The company has a fifty day moving average price of $25.05 and a 200-day moving average price of $25.07.
Hedge Funds Weigh In On Nuveen AA-BBB CLO ETF
A number of institutional investors have recently added to or reduced their stakes in the business. Harbour Investments Inc. raised its holdings in shares of Nuveen AA-BBB CLO ETF by 1,683.4% in the 4th quarter. Harbour Investments Inc. now owns 7,098 shares of the company’s stock valued at $178,000 after acquiring an additional 6,700 shares in the last quarter. Closed End Fund Advisors Inc. bought a new position in shares of Nuveen AA-BBB CLO ETF in the fourth quarter worth approximately $218,000. Trajan Wealth LLC purchased a new stake in Nuveen AA-BBB CLO ETF in the third quarter valued at approximately $338,000. Sunbelt Securities Inc. purchased a new stake in Nuveen AA-BBB CLO ETF in the fourth quarter valued at approximately $440,000. Finally, Sanctuary Advisors LLC lifted its position in Nuveen AA-BBB CLO ETF by 18.2% during the fourth quarter. Sanctuary Advisors LLC now owns 19,215 shares of the company’s stock valued at $481,000 after purchasing an additional 2,961 shares during the last quarter.
Nuveen AA-BBB CLO ETF Company Profile
The Nuveen AA-BBB CLO ETF (NCLO) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, seeking total return through investments in USD-denominated, investment-grade collateralized loan obligations (CLOs) of any maturity. NCLO was launched on Dec 10, 2024 and is issued by Nuveen.
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